if accountant miss the journal entry of outstanding
expenses. since its is a error of omission it cannot affect
the Trial Balance how we auditor find it out.
Answer Posted / sushil varshney
audiors should check he bokking of exps. like Telephone,
Elecricity,water, Security Exps. etc.. All the exps. should
be booked for the entire 12 months by this auditor can find
out the missing provision entries.
Auditor can find it by seeing the exps. entries of April &
May next year as most of the exps. must have been entered
by that time.
| Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com
What sort of image do you have?
What should the internal auditor?
for how much loan a borrower has to submit QIS
How auditing is prepared?
how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)
what is the difference you can make by doing your course in the country of your choice
vat on liquor vat on food ? vat on bevrages ? vat on tobaco? vat on gold?
How to involve people in audit?
why auditors are not true and faire statement of account
What are the objectives of internal audit?
Define decommission liability?
What is external audit?
Explain how to do an internal audit effectively?
can external audit be seen as merely an overhead cost adding no value to the orgnisation